Is it just me or did everyone actually think this was heading to zero this morning.

Looking at this $DOGE ‌ chart, that massive wick toward the bottom was a total stop hunt.

The way it just snapped back up shows that the big players were just waiting to scoop up cheap coins from the panic sellers.

We’ve had a solid run back up since then, but now we’re hitting a bit of a wall. The candles are starting to get smaller, which usually means the initial momentum is cooling off.

The order book is looking a bit heavy on the sell side right now, so I wouldn’t be surprised if we retest a lower level before trying to climb again.

If we can hold this current floor, it’s a great sign for a trend reversal. But if the volume drops off, we might just end up stuck in a range for the rest of the night.

I’m keeping a close eye on those sell walls to see if they start moving.

#TopCoinsRisingAgainsttheTrend